Market Overview:
The global IP PBX system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based PBX systems and the growing trend of BYOD (Bring Your Own Device). Additionally, the rising adoption of unified communications (UC) is also contributing to the growth of this market. On the basis of type, the global IP PBX system market can be segmented into unlimited PBX and metered PBX. The unlimited PBX segment is expected to account for a larger share than metered PBX during the forecast period.
Product Definition:
A PBX is a private telephone network that connects employees within a company or organization. A PBX system allows for internal calls between extension phones on the network, and also can connect to the public telephone network to allow for external calls. The importance of a PBX system is that it provides an internal phone system for a business, which can save money on long-distance and international calling costs. Additionally, many PBX systems offer features such as call forwarding, caller ID blocking, and voice mail that can be used to manage incoming calls.
Unlimited PBX:
Unlimited PBX is a term used for designating a PBX system that has no upper limit on the number of extensions or lines. In other words, there is no such limitation on the total number of phone numbers an organization can have in its employee directory. The term was originated in the telecommunication industry and it designated systems with more than 10,000 extension numbers (e.g.
Metered PBX:
Metered PBX is a type of private branch exchange (PBX) system that charges the calling party for each minute of conversation. The metering mechanism is usually based on time of call or duration of the call. Some systems may also charge according to the number of calls received during a particular period. These systems are widely used in businesses where there is high employee mobility and frequent changes in work schedules, making it difficult to maintain an office telephone book.
Application Insights:
The Small and Medium-sized Enterprises (SMEs) application segment held the largest market share of over 70% in 2017. The SMEs are adopting IP PBX systems as they offer various features at affordable prices. These systems support up to 10 concurrent calls which include 6 internal lines, 2faxes, and 2 mobile phones. The large enterprises application segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing to the growing need for advanced communication services among large organizations.
The global telecommunication industry has witnessed tremendous growth over the past few years due largely to technological advancements coupled with increasing usage of smartphones across all age groups especially in developing countries such as India China etcetera where most of these companies have their offices or centers having employees working there who require reliable telecom services for both business.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing adoption of cloud-based solutions, rising demand for enhanced features such as automatic attendant dialling, conference bridge, and mobility options among others. Furthermore, growing trend of virtual offices in countries such as China and India has led to increased deployment of IP PBX systems across these regions.
North America market was valued at USD X billion in 2017 owing to high concentration of large enterprises that are early adopters of technology trends such as Bring Your Own Device (BYOD), Software-as-a-Service (SaaS), Hybrid Cloud Solution (HCS) among others which have driven the need for advanced communication solutions within organizations thereby driving regional market growth over the forecast period. Moreover North America is home several prominent players including Avaya Inc.; Cisco Systems Inc.
Growth Factors:
- Increasing demand for hosted and cloud-based PBX systems
- Growing popularity of Unified Communications (UC) applications
- Proliferation of IP-based telephony devices and services
- Emergence of next-generation IP PBX platforms
- Rising demand for integrated business communications solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
IP Private Branch Exchange (PBX) System Market Research Report
By Type
Unlimited PBX, Metered PBX
By Application
SMEs, Large Enterprises
By Companies
Microsoft, Cisco, Mitel Networks, RingCentral, Verizon, MegaPath, Nextiva, 3CX, Estech Systems, 8x8, Sangoma, Panasonic, NetFortris, TPX Communications
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global IP Private Branch Exchange (PBX) System Market Report Segments:
The global IP Private Branch Exchange (PBX) System market is segmented on the basis of:
Types
Unlimited PBX, Metered PBX
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Microsoft
- Cisco
- Mitel Networks
- RingCentral
- Verizon
- MegaPath
- Nextiva
- 3CX
- Estech Systems
- 8x8
- Sangoma
- Panasonic
- NetFortris
- TPX Communications
Highlights of The IP Private Branch Exchange (PBX) System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Unlimited PBX
- Metered PBX
- By Application:
- SMEs
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IP Private Branch Exchange (PBX) System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An IP PBX system is a telephone switching system that uses the Internet to provide voice services to businesses. The systems allow companies to connect their internal phone lines with the public telephone network, allowing employees in different parts of the company to communicate with each other easily.
Some of the key players operating in the ip private branch exchange (pbx) system market are Microsoft, Cisco, Mitel Networks, RingCentral, Verizon, MegaPath, Nextiva, 3CX, Estech Systems, 8x8, Sangoma, Panasonic, NetFortris, TPX Communications.
The ip private branch exchange (pbx) system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IP Private Branch Exchange (PBX) System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 IP Private Branch Exchange (PBX) System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 IP Private Branch Exchange (PBX) System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the IP Private Branch Exchange (PBX) System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global IP Private Branch Exchange (PBX) System Market Size & Forecast, 2018-2028 4.5.1 IP Private Branch Exchange (PBX) System Market Size and Y-o-Y Growth 4.5.2 IP Private Branch Exchange (PBX) System Market Absolute $ Opportunity
Chapter 5 Global IP Private Branch Exchange (PBX) System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IP Private Branch Exchange (PBX) System Market Size Forecast by Type
5.2.1 Unlimited PBX
5.2.2 Metered PBX
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IP Private Branch Exchange (PBX) System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IP Private Branch Exchange (PBX) System Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IP Private Branch Exchange (PBX) System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IP Private Branch Exchange (PBX) System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IP Private Branch Exchange (PBX) System Analysis and Forecast
9.1 Introduction
9.2 North America IP Private Branch Exchange (PBX) System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IP Private Branch Exchange (PBX) System Market Size Forecast by Type
9.6.1 Unlimited PBX
9.6.2 Metered PBX
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IP Private Branch Exchange (PBX) System Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IP Private Branch Exchange (PBX) System Analysis and Forecast
10.1 Introduction
10.2 Europe IP Private Branch Exchange (PBX) System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IP Private Branch Exchange (PBX) System Market Size Forecast by Type
10.6.1 Unlimited PBX
10.6.2 Metered PBX
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IP Private Branch Exchange (PBX) System Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IP Private Branch Exchange (PBX) System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IP Private Branch Exchange (PBX) System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IP Private Branch Exchange (PBX) System Market Size Forecast by Type
11.6.1 Unlimited PBX
11.6.2 Metered PBX
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IP Private Branch Exchange (PBX) System Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IP Private Branch Exchange (PBX) System Analysis and Forecast
12.1 Introduction
12.2 Latin America IP Private Branch Exchange (PBX) System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IP Private Branch Exchange (PBX) System Market Size Forecast by Type
12.6.1 Unlimited PBX
12.6.2 Metered PBX
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IP Private Branch Exchange (PBX) System Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IP Private Branch Exchange (PBX) System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IP Private Branch Exchange (PBX) System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IP Private Branch Exchange (PBX) System Market Size Forecast by Type
13.6.1 Unlimited PBX
13.6.2 Metered PBX
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IP Private Branch Exchange (PBX) System Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IP Private Branch Exchange (PBX) System Market: Competitive Dashboard
14.2 Global IP Private Branch Exchange (PBX) System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 Cisco
14.3.3 Mitel Networks
14.3.4 RingCentral
14.3.5 Verizon
14.3.6 MegaPath
14.3.7 Nextiva
14.3.8 3CX
14.3.9 Estech Systems
14.3.10 8x8
14.3.11 Sangoma
14.3.12 Panasonic
14.3.13 NetFortris
14.3.14 TPX Communications